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« A Smart Social Security Strategy | Main | What Is a 'Non-Spouse' Beneficiary? »



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Thanks for the informative articles. Our numbers aren't as impressive as are George and Martha's but here, a year or so out from retirement I've been working toward "Plan B" - with the exception that we do need my spouses smaller SS right off, at our target date of 63. At 66 I'll file on her's and receive it till 70 when I'll move to my much larger amount.

Does this approach add up?

Regarding, "In case you're wondering how long George and Martha would have to live before Plan A nets them more than Plan B, I don't have the answer." Would that be $60,000 / $7,680 = 7.8125 years?

Lynn replies:

Yes, that simple division was my first thought. But I had a nagging feeling that it might be more complicated than that.

I began thinking of the time value of money, discounted present values, inflation boosts that are perhaps greater in some years than others, and I concluded ... better let someone else figure it out!

I do not agree that either the original or Mr. Pickers is necessarily the smartest plan. First let us recall that you are actually calculating what the couple will receive to the point the Husband is 72 and the wife 70
What if they each forget the spousal and simply take their own FRA at 66
By the time W is 70 and H 72...
H would then receive 6 years @$2500/month =$180,000
W would then receive 4 years@ 2000/month = $ 96,000
Total received at the age both other examples use =$276,000

Of course the final monthly is lower and sometime after they are 80 their gross would become lower but they would probably obtain more enjoyment in their 60’s and 70’s than getting more in their 80’s

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